Finding a Top Financial Advisor Firm in Lincoln, Nebraska
Finding the right financial advisor is challenging. SmartAsset has simplified the search for investors by determining for the top financial firms in Lincoln. This list of the top Lincoln financial advisor firms is the result of dozens of hours of research into the city’s numerous firms. Below, we lay out our findings about these firms and what differentiates them from one another. If you need more guidance as you search for an advisor, SmartAsset’s financial advisor matching tool can pair you with financial advisors near you.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Pittenger & Anderson, Inc Find an Advisor||$1,802,297,029||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|2||Lincoln Capital, LLC Find an Advisor||$368,828,682||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Capital Consulting & Asset Management Find an Advisor||$ 286,649,945||$5,000|| || |
Let us help match you with the right financial advisor for your needs.Answer a few questions to get a personalized match.
|4||Bellwether Wealth Find an Advisor||$234,348,334||$250,000|| || |
|5||R2 Wealth Management Partners Find an Advisor||$199,450,000||No set account minimum|| || |
Minimum AssetsNo set account minimum
|6||Flagstone Financial Management, LLC Find an Advisor||$180,601,269||No set account minimum|| || |
Minimum AssetsNo set account minimum
|7||Plan A Wealth Management Find an Advisor||$149,250,132||No set account minimum|| || |
Minimum AssetsNo set account minimum
How We Found the Top Financial Advisor Firms in Lincoln, Nebraska
To determine this list of top financial firms, SmartAsset considered all furns in Lincoln that are registered with the U.S. Securities and Exchange Commission (SEC). We specifically looked at SEC-registered firms because they have a fiduciary duty to put their clients’ best interests ahead of their own. From there, we eliminated any firms that had disciplinary issues, so the final list of firms that we considered only included firms with clean records. We also eliminated any firms that did not manage individual accounts or have financial planners on staff. The remaining firms were sorted according to assets under management (AUM), from highest AUM to lowest.
All information is accurate as of the writing of this article.
Pittenger & Anderson, Inc.
Pittenger & Anderson, Inc. (P&A) is a fee-only registered investment advisor (RIA) operating out of Lincoln, Nebraska. It offers investment portfolio management and financial planning services to individuals, corporations and charitable organizations. Most of its clientele, however, consists of individuals outside the scope of high net-worth. So if you’re just beginning to build wealth, this might be the right firm for you and your family.
Minimum investments required to open accounts vary depending on the type of individual investment portfolio you choose. These minimums can range from $100,000 to $250,000. The team at P&A features seven certified financial planners (CFPs), one chartered financial analyst (CFA), one chartered retirement planning counselor (CRPC) and one investment adviser certified compliance professional (IACCP). In terms of certification variety, P&A takes a landslide victory on this list.
Pittenger & Anderson Background
The firm’s founders Jim "Pitt" Pittenger and Dan Anderson first opened the doors of P&A in 1995, making this one of the oldest firms on our list. However, the two can trace its professional relationship in financial services back to 1985.
Its main owners are Chairman/CEO James Skaggs Pittenger, Jr. and President Daniel Lynn Anderson.
Today, P&A works as a fee-only financial advisory firm. It earns its money from fees directly rendered for its services. It doesn’t collect any commissions, sales charges, 12b-1 fees or other forms of revenue sharing for recommending specific products or investments over others. This framework can reduce potential conflicts of interest, because your advisor doesn’t have the chance to earn more in compensation by making specific recommendations regardless if they’re in your best interests. But as a fiduciary, however, your advisor has to put your best interests ahead of his or her own. The firm’s fees are generally based on percentages of assets under management.
Pittenger & Anderson Investment Strategy
P&A builds individual portfolios for its clients based on factors like their overall risk tolerance and investing objectives. The firm conducts ongoing evaluations of these portfolios and rebalances asset allocations and other features if deemed necessary.
However, the firm utilizes a core format for constructing client portfolios. For instance, the equity portion consists mostly of large-cap stocks and passively-managed funds. The fixed-income portion generally consists of “fairly passive investment grade bonds.” Depending on your asset allocation, the minimum initial investments can range from $100,000 to $500,000.
Lincoln Capital, LLC
Lincoln Capital comes in second on our list with millions in assets under management (AUM). There is no minimum investment required to use the services of Lincoln Capital, but the firm says that its focus is on high-net-worth clients. It focuses on business owners in particular, though it also offers services for individuals, trusts and corporations.
Lincoln Capital Background
Founded in 2005, Lincoln Capital works in a fiduciary capcity. Thus, it is obligated by law to put the best interests of its clients ahead of its own. Judd Norman, an investment advisor representative (IAR), is the sole owner of Lincoln Capital. He is also an investment advisor representative at the firm.
According to the firm, its mission is to provide “independent, unbiased, client-focused financial planning.” In addition to helping clients meet their financial goals, Lincoln Capital emphasizes connecting with clients on a human level. The firm says that many of its clients joined through referrals from clients and other professionals who have worked with the firm.
Lincoln Capital Investment Strategy
When it comes to investing, Lincoln Capital states that its goal is to create a highly individualized investing plan for each client. The firm also emphasizes that its focus is on long-term growth to maximize investment growth over time.
The firm invests its clients’ assets in stocks and companies that it believes will continue to perform well 10 or 20 years in the future. Lincoln Capital also makes a point to invest in fixed-income securities like certificates of deposit (CDs) and treasury bonds.
Capital Consulting & Asset Management
Capital Consulting & Asset Management (CAM) has the third-largest amount in assets under management (AUM) on this list. It achieves this with a limited staff of investment advisors on its team, making it the smallest firm on our list in terms of portfolio management staff. The firm’s clientele consists of just a bit more than 100 individuals.
It serves about as many high-networth individuals as it does clients that fall outside this sector. But according to recent filings with the SEC, its entire current client base consists of individuals.
The firm aims to build a comprehensive financial plan for its clients. Depending on your needs, this plan can address the following:
- Cash flow analysis
- Cost of living needs
- Retirement planning
- College savings plans
- Estate planning
In addition, the firm provides individual portfolio management services for an all-inclusive fee.
Capital Consulting & Asset Management Background
Rob Nixon, a certified financial planner (CFP) with more than 25 years of experience in financial services, founded CCAM in 1996. Nixon still works for the firm and serves as principal.
Amber Roemer, client service manager, has been with the company since 2008 and she is a registered paraplanner (RP).
Capital Consulting & Asset Management Investment Strategy
CCAM doesn’t generally directly manage investment portfolios for its clients. However, it can recommend individual money managers it deems are appropriate based on an analysis of your financial situation, risk tolerance, investment objectives and more. These services are offered through the CCAM’s Privately Managed Portfolio Program (PMP).
CCAM collects a single, all-inclusive fee for services through PMP. According to filings with the SEC, CCAM assists investors as they select the appropriate advisors and money managers to manage their portfolio. In addition CCAM pays the manager's investment advisory fee for investor and monitors and evaluates the manager's performance in steering the investor's portfolio. The firm also executes the investor's portfolio transactions without charging and commission and provides custodial services for the investor's assets. CCAM provides any combination of these or other services in exchange for a single, all-inclusive fee that the investor pays the firm.
Bellwether Advisors, LLC DBA Bellwether Wealth is a fee-based firm managing more than 500 clients in total. Bellwether serves retirement plans, individuals, high-net-worth individuals, trusts, charitable organizations, estates, corporations and other businesses.
The firm’s compensation arrangements include asset-based fees, hourly fees and fixed fees. However, some advisors are also registered broker-dealers and may earn commissions from securities and investment products. This fee structure may incentivize advisors to favor commissioned products or securities with higher fees, but Bellwether says it honors a fiduciary duty to work in each client’s best interests.
Bellwether’s team is made up of two chartered life underwriters (CLUs), one certified financial planner (CFP), one chartered financial consultant (ChFC), one certified investment management analyst (CIMA), one certified private wealth advisor (CPWA) and one certified exit planning advisor (CEPA).
The firm has a minimum account size requirement of $250,000.
Bellwether Wealth Background
Wholly owned by Clark Bellin, Bellwether provides portfolio management, financial planning, advisor selection and pension consulting advisory services. The firm’s advisory services also feature cash flow planning, charitable giving, wealth protection and estate planning.
Bellwether Wealth Investment Strategy
Bellwether says it focuses on using a diversified investment approach to achieve excessive returns. In determining undervalued asset classes, the firm employs fundamental analysis, cyclical analysis and technical analysis.
Bellwether also uses a proprietary model to determine which investment styles to overweight, and its advisors utilize fixed income and alternative investment strategies.
R2 Wealth Management Partners
Paradigm Wealth, LLC DBA R2 Wealth Management Partners has a small staff of advisors managing individuals, high-net-worth individuals, pension and profit sharing plans, estates, trusts, charitable organizations, corporations and other businesses. The firm currently serves more than 1,500 clients.
Among its staff are two advisors with the certified financial planner (CFP) designation and one advisor with the chartered financial consultant (ChFC) designation.
The firm doesn’t have a minimum account size requirement.
R2 Wealth Management Partners Background
R2 Wealth has been in business since its 2015. The firm offers a range of advisory services, including portfolio management, financial planning, educational seminars and workshops, publication of periodicals and retirement plan services.
R2 Wealth’s managing members are Andrew Pool and Robert Rossi.
R2 Wealth Management Partners Investment Strategy
R2 Wealth mainly uses fundamental analysis, technical analysis and cyclical and charting analysis when evaluating securities and offering investment advice. As for the firm’s investment strategies, it employs long-term purchases, margin transactions, short-term purchases, frequent trading and option writing.
The firm invests in mutual funds, exchange-listed securities, securities traded over-the-counter, warrants, corporate debt securities, commercial paper, certificates of deposit (CDs), municipal securities, variable annuities, US government securities and more.
Flagstone Financial Management, LLC
Despite its small staff, Flagstone Financial Management boasts two certified financial planners (CFP)s on its team.
Like Lincoln Capital, Flagstone Financial Management does not require a minimum investment to start using its services. The firm offers services for high-net-worth and non-high-net-worth individuals, foundations and endowments, banks, trusts, estates and corporations.
Flagstone Financial Management Background
Flagstone Financial Management, LLC, is a much younger firm than Lincoln Capital, LLC, which was founded in 2005. Flagstone Financial Management, LLC was founded in 2016 by Michael T. Johnson, who holds the titles of CFP and J.D.
Flagstone Financial Management provides a range of services to cover the needs of all investors. If a client just needs help creating or improving their financial plan, the firm offers one-time consultation services, as well as ongoing consultation services. While there are no fees for receiving a consultation, the client will need to pay the firm for its time at an hourly rate of $100 to $400 per hour.
A client who wants more help can also choose to take part in the Strategic Wealth Management Program. This program includes a more comprehensive investing plan for the client. Fees for this program are typically up to 1.5% of the clients assets under management.
Flagstone Financial Management, LLC Investment Strategy
One point of focus for Flagstone Financial Management is removing emotion from investing. On the firm’s website, it cites multiple studies that show that investors make poor financial decisions when they fall into certain behavioral traps. Behavioral finance is a relatively new field, but it has grown in popularity over the past few decades.
Flagstone Financial Management combines this behavioral focus with diversified, low-cost portfolios. The firm invests its clients' assets in domestic and international markets.
Plan A Wealth Management
Last but not least on our list of the top financial advisor firms in Lincoln, Nebraska is Plan A Wealth Management (Plan A). The firm provides portfolio management and financial consultation services to individuals, trusts, estates, corporations and more.
Plan A doesn’t require a specific initial investment to open an account. However, you may face a larger asset-based fee if you have a small balance. The maximum annual fee for its advisory services currently stands at 1.50%.
But unlike the rest of the firms on our list, Plan A doesn’t currently employ certified financial planners (CFP).
Plan A Wealth Management Background
Plan A was formed in 2015 and became an investment advisor in 2017, making it the youngest firm on our list. Its founder Ronald W. Anderson, Jr. still works for the firm. Today, Plan A offers a range of portfolio management and financial consulting services. Based on your needs, the firm can guide you through topics like effective budgeting, paying off debt, retirement planning, estate planning and more.
The firm works with individuals, corporations, charitable organizations, trusts and estates. But according to paperwork it recently filed with the SEC, the bulk of its client base consists of individuals outside the high-net-worth scope.
Plan A Wealth Management Investment Strategy
Plan A builds portfolios based on a client’s risk tolerance. These are generally constructed with mutual funds, ETFs, individual stocks and bonds, annuities and life insurance investments.The firm may adhere to strategic asset allocation or dynamic asset allocation. The former involves a passive approach and doesn’t require changing asset allocations in spite of changing market conditions. The dynamic asset allocation approach, however, takes into account changing market conditions which may influence a strategic change in asset allocation exposure.
If you're still reviewing financial advisors, use our SmartAsset financial advisor matching tool. It connects you with advisors in your area. You can review their credentials and set up meetings before deciding to work with one.